Tag: City BusinessNews

Tinubu Pledges Reduction In Food Prices
October 2, 2024 No Responses

Tinubu Pledges Reduction In Food Prices

The Federal Government is focused on restoring peace to the troubled parts of the North so that farmers displaced by bandits and kidnapping can return to their farmlands and increase food production. “We expect to see a leap in food...
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FG Signs N122b Equity Participation Agreement With Six Gas Firms  
October 2, 2024 No Responses

FG Signs N122b Equity Participation Agreement With Six Gas Firms  

The Federal Government has signed a N122 billion project equity participation agreement with six gas infrastructure companies aimed at transforming the midstream gas value chain across the country. This was disclosed by the Minister of State for Petroleum Reso...
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LASG IMPOUNDS 241 UNLICENSED VEHICLES
October 1, 2024 No Responses

LASG IMPOUNDS 241 UNLICENSED VEHICLES

Citing Sections 15 and 16 of the Lagos State Transport Sector Reform Law (TSRL) 2018, the Lagos State Government has impounded 241 vehicles.  According to the State Government, the vehicles were found to be unlicensed and in violation of the...
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UBA Declares N2 Interim Dividend, N1.37tri Earnings In H1 ’24
October 1, 2024 No Responses

UBA Declares N2 Interim Dividend, N1.37tri Earnings In H1 ’24

For the half year ended June 30, 2024, United Bank for Africa (UBA) has grown its earnings by 40 per cent to N1.37 trillion and declared an interim dividend of N2.00 per share. The audited financials released to the Nigerian Exchange Limited...
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NDLEA Arrests Autoparts Dealer 
September 30, 2024 No Responses

NDLEA Arrests Autoparts Dealer 

National Drug Law Enforcement Agency (NDLEA) has arrested a Lagos-based auto parts dealer, Ejiofor Chiwuzie, for attempting to export consignments of heroin and cannabis hidden inside LED rechargeable lamps and the metal legs of sofas.  According to ...
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FG Hands Over 64 CNG Buses To Labour, NANS
September 30, 2024 No Responses

FG Hands Over 64 CNG Buses To Labour, NANS

The Federal Government has handed over 64 100-capacity Compressed Natural Gas (CNG) buses to the Organised Labour and the National Association of Nigerian Students (NANS). The Coordinating Minister of the Economy and Minister of Finance, Wale Edun, led the gov...
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At FICAN Conference, NDIC, Others Harp On Collaboration Towards Nigeria’s $1trn Economy
September 29, 2024 No Responses

At FICAN Conference, NDIC, Others Harp On Collaboration Towards Nigeria’s $1trn Economy

For Nigeria to achieve the $1trillion Gross Domestic Product (GDP) by 2026, the Nigeria Deposit Insurance Corporation (NDIC), among other stakeholders, have emphasized on the need for banks and Fintech companies to collaborate and drive the real sector growth....
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EFCC Arrests Ishaku Over Alleged N27b Fraud
September 29, 2024 No Responses

EFCC Arrests Ishaku Over Alleged N27b Fraud

The Economic and Financial Crimes Commission (EFCC) has arrested and detained a former Taraba State Governor, Darius Ishaku, for alleged involvement in a N27 billion fraud. The former governor will face trial on 15 counts, including criminal breach of trust,.....
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Alleged ₦3.1bn Fraud: I Delivered $15.8m Cash To Suswam In His Residence, Says Witness
September 29, 2024 No Responses

Alleged ₦3.1bn Fraud: I Delivered $15.8m Cash To Suswam In His Residence, Says Witness

Abubakar Umar, the Sixth Prosecution Witness in the trial of former governor of Benue State, Gabriel Suswam has narrated before the Federal High Court, Maitama, Abuja presided over by Justice Peter Lifu, how in 2014, he converted the sum of...
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Photo News
September 28, 2024 No Responses

Photo News

L-R: Edo State Governor-Elect, Senator Monday Okpebholo with Governor of Lagos State, Mr. Babajide Sanwo-Olu during a thank you visit by the governor-elect at the Lagos House, Marina, on Saturday, 28 September 2024.
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FG Rolls Out 2,000 CNG Powered Tricycles
September 28, 2024 No Responses

FG Rolls Out 2,000 CNG Powered Tricycles

The Ministry of Youth Development has unveiled plans to launch the first phase of a project to distribute 2,000 Compressed Natural Gas (CNG)-powered tricycles to young Nigerians on October 1, 2024. Briefing Journalists on Friday, Minister of State for Youth...
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Tinubu Appoints Seven Executive Directors For NTA
September 28, 2024 No Responses

Tinubu Appoints Seven Executive Directors For NTA

President Bola Ahmed Tinubu has appointed seven executive directors for the Nigerian Television Authority (NTA). According to a statement issued on Friday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the appointees are: Ay...
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Lagos Seals Orchid Shopping Centre
September 28, 2024 No Responses

Lagos Seals Orchid Shopping Centre

The Lagos State Wastewater Management Office (LSWMO) has sealed off Orchid Shopping Center’s premises located along Orchid Road, Eti-Osa. A  statement shared on X.com on Friday by the state Commissioner for the Environment and Water Resources, Tokunbo Waha...
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NDDC Trains 200 Women, Youth Farmers
September 28, 2024 No Responses

NDDC Trains 200 Women, Youth Farmers

The Niger Delta Development Commission, NDDC, has concluded the training of 200 women and youths in Livestock Farming and Agro-Processing at the Okiemutie Farms in Eku  Amukpe, Sapele Local Government Area of Delta State. Speaking during the closing cerem...
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